In the aftermath of USC and UCLA leaving the Pac-12 for the Big Ten, realignment rumors are continuing to swirl.

The latest reports, by Dennis Dodd of CBS Sports and John Canzano, center around discussion between the Pac-12 and ACC on a “loose partnership” between the two conferences.

Of note today, the Pac-12 issued a statement saying “The Pac-12 Board of Directors met this morning and authorized the Conference to immediately begin negotiations for its next media rights agreements” to keep the conference afloat.

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In his article, Canzano takes “this to mean that a potential TV partner (Read: ESPN) might be initiating the ‘loose partnership’ discussions.”

ESPN owns the TV rights to the ACC through 2036.

It’s not exactly clear what the Pac-12-ACC partnership could look like.

Canzano writes that it could include an “ACC vs. Pac-12 championship game in Las Vegas at the end of the season,” “a shared media rights deal with ESPN” and “regular-season crossover games between the entities in football and men’s basketball.”

It’s an interesting time in college sports as the realignment wheel keeps turning.